News Release

2005/8/1

Signed agreement with Cosmo Bio Inc. and Funakoshi Inc. for the distribution and sale of Nuclear Receptor antibodies.

Perseus Proteomics Inc.

Signed agreement with Cosmo Bio Inc. and Funakoshi Inc. for the distribution and sale of Nuclear Receptor antibodies.

Perseus Proteomics Inc. announces the signing of an agreement with Cosmo Biotechnology Inc. (Masanori Harada, President) and Funakoshi Inc. (Ryoya Funakoshi, President) for the sale and distribution of Perseus Proteomics` high sensitivity research antibodies.